Solar Alliance Energy (SOLR) AI Stock Analysis

• Market Cap: C$4.41M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.98
• Revenue Growth: -43.44%
• EPS Growth: -1075.00%
• Country: CA
• Employees: 26
• Sector: Energy
• Sector Strength: 45
• Industry: Solar
• EPS (TTM): N/A
• Shares Outstanding: 295,193,940
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.03
• Price to Book (P/B): -1.28
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.09
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: C$0.00 ▼(-100.00%Downside)

The overall stock score for Solar Alliance Energy is primarily influenced by its challenging financial performance and valuation metrics, suggesting significant risks. While corporate events indicate some positive strategic shifts, technical analysis shows lack of momentum. Investors should be cautious due to the financial instability and past regulatory issues.

Solar Alliance Energy Business Overview & Revenue Model

Company Description

Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions. The company primarily focuses on development, engineering, procurement, and construction of commercial and industrial solar projects, and residential solar installations in Tennessee, Kentucky, Illinois, and North/South Carolina. It also offers electric vehicle charger installation services; and backup generator, home inspection, commercial generator, renewable radar, utility scale power, commercial electric vehicle charging, and data centers solutions. The company was formerly known as Finavera Solar Energy, Inc. and changed its name to Solar Alliance Energy Inc. in January 2016. Solar Alliance Energy Inc. was founded in 2003 and is based in Toronto, Canada.

How the Company Makes Money

Solar Alliance Energy makes money through a diversified revenue model centered around the sale and installation of solar energy systems. Key revenue streams include residential solar panel installations, where the company provides end-to-end solutions from consultation to installation and maintenance. Additionally, commercial and industrial solar projects contribute significantly to its earnings, as these projects often involve larger-scale solar energy systems and longer-term service agreements. The company also generates revenue from partnerships with utility companies and government programs that incentivize renewable energy adoption. By leveraging these partnerships, Solar Alliance Energy can offer competitive pricing and financing options to its clients, enhancing its market position and driving sales growth.

Solar Alliance Energy Financial Statement Overview

Summary

Solar Alliance Energy is facing financial challenges across all verticals. Despite some improvements in gross profit, the company continues to struggle with profitability and cash flow generation. High liabilities and negative equity raise concerns about financial sustainability and potential risks in meeting long-term obligations.

Income Statement

Solar Alliance Energy shows a volatile revenue trajectory with a decline from 2023 to 2024 after a growth period. The gross profit margin improved to 28.87% in 2024, but negative EBIT and net profit margins indicate consistent losses. The company faces challenges in achieving profitability, which impacts its overall income statement performance.

Balance Sheet

The company's balance sheet reveals significant financial instability, characterized by negative stockholders' equity and high liabilities relative to assets. The debt-to-equity ratio is negative due to negative equity, signaling potential solvency issues. Return on equity is also negative, reflecting ongoing losses.

Cash Flow

Cash flow analysis indicates a troubling cash management situation with negative operating and free cash flows in 2024. The free cash flow to net income and operating cash flow to net income ratios are not favorable, suggesting inefficiencies in converting revenue into cash. The negative cash flow growth further highlights liquidity concerns.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.45M	7.47M	4.83M	3.67M	3.50M
Gross Profit	1.57M	1.07M	454.29K	663.58K	914.10K
EBITDA	-620.11K	-1.77M	-2.66M	-372.57K	-1.16M
Net Income	-684.13K	-1.81M	-2.75M	-448.86K	-1.37M
Balance Sheet
Total Assets	995.54K	1.80M	3.70M	3.06M	581.28K
Cash, Cash Equivalents and Short-Term Investments	9.70K	702.99K	650.06K	2.17M	1.88K
Total Debt	227.62K	137.50K	1.56M	0.00	911.81K
Total Liabilities	3.78M	4.11M	5.14M	2.15M	6.33M
Stockholders Equity	-2.79M	-2.30M	-1.44M	904.30K	-5.75M
Cash Flow
Free Cash Flow	-1.85M	-384.77K	-2.17M	-3.81M	-379.82K
Operating Cash Flow	-1.83M	-374.01K	-1.48M	-3.64M	-379.82K
Investing Cash Flow	-20.49K	83.10K	-688.73K	-178.07K	0.00
Financing Cash Flow	845.00K	-127.50K	653.75K	5.98M	336.07K

Solar Alliance Energy Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.02
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:SOLR, the sentiment is Negative. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.02, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 44.71 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:SOLR.

Solar Alliance Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	52 Neutral	C$2.96B	-1.55	-3.48%	6.54%	3.13%	-49.39%
ACU	51 Neutral	C$4.01M	―	-46.19%	―	-30.18%	-34.62%
CBLU	47 Neutral	C$6.29M	―	59.36%	―	-49.56%	-35.00%
SOLR	46 Neutral	C$4.41M	―	58.70%	―	-43.44%	-1075.00%
TTG	―	C$1.80M	―	-54.87%	―	―	―
BES	41 Neutral	C$4.96M	―	-1239.25%	―	-7.76%	-2.15%
SUN	―	C$4.68M	―	-825.66%	―	―	―

Solar Alliance Energy Corporate Events

Solar Alliance Energy Reports Q1 Earnings Amid Weather Challenges

Solar Alliance Energy Inc. reported its Q1 2025 earnings, highlighting a decline in revenue due to severe weather delays in a major project in Kentucky. Despite this setback, the company remains optimistic about future growth, focusing on larger commercial and community solar projects in the Southeast U.S. The company is also exploring corporate growth opportunities through partnerships and joint ventures, aiming for full-year profitability in 2025.

Solar Alliance Energy Appoints New CFO Amid Trading Resumption Efforts

Solar Alliance Energy Inc. has appointed Mr. Jawad Chugtai as the new Chief Financial Officer, following the resignation of Ms. Christina Wu. Mr. Chugtai, who has over a decade of experience in finance and risk management, previously supported the company during its financial statement audit for 2024. This appointment comes as the company works to resume trading of its common shares on the TSX Venture Exchange after a temporary cease trade order was lifted.

Solar Alliance Energy Resumes Trading After Cease Trade Order Revocation

Solar Alliance Energy Inc. has announced the revocation of a cease trade order by the British Columbia Securities Commission following the filing of its audited annual financial statements for 2024. The company is now working with the TSX Venture Exchange to resume trading of its common shares, marking a significant step in stabilizing its operations and enhancing its market presence.

Solar Alliance Energy Nears Profitability with Strategic Focus on Larger Projects

Solar Alliance Energy Inc. has filed its audited financial results for 2024, showing a decrease in revenue but an improvement in gross profits and a significant reduction in losses as the company approaches breakeven. The company is focusing on larger commercial solar projects to support future growth, leveraging its expertise and streamlined operations to capitalize on the increasing demand for renewable energy. Recent policy developments and community solar interest are creating more opportunities in their target market, while the company continues to benefit from repeat customers and new opportunities.

Solar Alliance Faces Filing Delay, Potential Trading Halt

Solar Alliance Energy Inc. announced a delay in filing its audited annual financial statements and related documents for the year ended December 31, 2024, missing the April 30, 2025 deadline. This delay may result in the company’s shares being halted on the TSX Venture Exchange and a cease trade order issued by Canadian Securities Administrators. The company is working with its auditor to complete the filings by May 15, 2025, and assures that no other material information is undisclosed.